Young Entrepreneurs Academy on GeniusU

Sort by:

Samatha Zulauf

Oct 18, 2018 at 11:15 in Australia

If you start at 20, you need to save $363 every month to have a million dollar saving by 65. And if you start at 40, the amount is $1,443 per month at RoR of 6%

The Number One Reason Why You Should Invest Early

Invest early and take advantage of compound interest. An interesting key trend of self-made billionaires is that they start investing when they are young.

Please register or login to see all comments.

Lonna Davis

Oct 18, 2018 at 13:06 in Internet

I am 60 :)
Samatha Zulauf

Oct 18, 2018 at 13:10 in Australia

I see. Still it all depends on how long you plan to work before going into retirement. Nowadays they are talking of our life expectancy being extended to over 100 years. So you still have another 20-25 years before you would want to retire (personally, i don't like the idea of retiring).